Competitive advantage is often gained from deploying new and innovative technology. In the longer term, as more technological solutions are introduced and integrated to create an organisation’s IT infrastructure, the real competitive advantage comes with running an efficient IT operation. Software Asset Management is a key component of this, tracking and optimising resources at every stage of the asset lifecycle.

Concorde Solutions has helped many customers implement a Software Asset Management strategy, enabling them to optimise applications, automate processes and align IT infrastructure to grow and change with their business. In many cases this has brought immediate cost savings along with huge financial and risk mitigation.

Through monitoring every part of the lifecycle, it is possible to ensure that procedures can rapidly adapt to business change, and allow processes to be continually refined - improving efficiency, reducing costs and preventing exposure to legal or financial risk. Some of the other benefits gained by implementing Software Asset Management are:

Licence compliance - avoiding over-purchasing or under-licensing, mitigating risk
Implementing processes - documented, repeatable processes and controls
that demonstrate regulatory compliance
Improving work ethics - an effective asset management policy will help
ensure employees only use authorised and supported software
Eliminating waste - reconciliation identifies redundant software
Improved supplier negotiations - factual knowledge of your software position
provides a better negotiating platform
Financial security - saving non-budgeted licensing costs, plus gaining from tax
benefits associated with software depreciation
Reduced licensing requirements - limiting users in accordance with business need
Improved purchasing power - better knowledge of software requirements enables
bulk purchasing
Automated tools - software monitoring and metering tools that help to ensure
future compliance whilst minimising manual involvement